Bitcoin price is struggling to correct above the $8,350 and $8,400 resistances against the US Dollar. The price is currently correcting higher after trading as low as $8,146. Recently, there… Read more »
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit… Read more »
Fresh push to tax savers Unicredit is out with a note saying the ECB should tell banks to charge for cash deposits below 100,000 euros. They’re also calling on the… Read more »
Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The… Read more »
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a… Read more »
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed… Read more »
According to a former Chairman of the US Federal Reserve, Alan Greenspan, it won’t be long before the spread of negative interest rates reaches the US. He also added that… Read more »
Bank of Japan monetary policy board member Suzuki speaking keeping rates very low could have unusual effects, side-effects on economy changes in economy, credit cycle could increase credit costs for… Read more »
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on… Read more »
Subzero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a… Read more »